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Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016
EconomyBankingFollowing the notable rise of 11.3 percent in the second half of 2015, the total number of payment... effectively, the BoG said. At the end of June 2016, debit cards made up 81 percent of total payment.... More importantly, the total value of card transactions fell by 6.7 percent to 26.21 billion
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Industrial production improves by another 8.7 percent in March
EconomyMacroeconomyof the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main industrial groupings rebounded in March, with double-digit growth in energy (+15.2 percent), capital goods
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Industrial production edges up 1 pct in April after double-digit growth in previous two months
EconomyMacroeconomy, which retains the lion’s share (around 70 percent) of the total index. Electricity production, which makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining and quarrying production climbed 13.2 percent, but accounts for almost 6 percent of the total index
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Greeks underwhelmed by deal with lenders, stressing uphill task for Tsipras
PoliticsGreek Politicsin Efimerida ton Syntakton newspaper indicated that a total of 67 percent of Greeks view... believe it was “good” or “probably good.” A total of 14 percent is undecided. It is notable... Commission’s compliance report sets out a total of 113 prior actions that need to be completed before
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Newsletter 128 - 21/07/2017
of the total index. The breakdown revealed that the industrial turnover in the non-domestic market rose... for the same time last year which stood at 5.58 billion. Overall, the total stock of overdue obligations... compared to the previous month. The debt pile corresponds to 52.5 percent of GDP. The total stock
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Newsletter 140 -17/11/2017
. Tsipras revealed in a televised address on Monday that of the 1.4-billion-euro total, 720 million... a gap in PPC’s budget for the subsidised services it offers. Tsipras pointed out that the total... of the total, the lowest for the year so far. Part-time and shift work made up 47.8 percent and 14.5 percent
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Newsletter 145
to total no more than 20 million euros), reports suggested that the lenders are annoyed due to a lack... in 2017. The report revealed that 247,236 companies employed a total of 1.90 million people in 2017. Of this total, 79,043 were employed by more than one firm. Compared to last year, the number
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Newsletter 159 -27/04/2018
produced a total surplus of 1.45 billion euros, which translates into 0.8 percent of GDP. The primary... are broadly in line with Greece’s fiscal performance in 2016 when the latest figures report a total... remained broadly unchanged, with a small revision by 0.1 percent higher in the total balance for 2016
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingof roughly 21 to 38 percent of the current total. In an interview with Kathimerini newspaper.... Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13 billion are classified as non... government has historically tried to steer clear of. In total, the new SSM targets will aim for NPE stock
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Alpha Bank and Eurobank start new year with further bad loan sales
EconomyBankingunsecured NPLs (Mercury project) with a total outstanding balance of 2.1 billion euros and a total... pile. The merger also meant that Eurobank is now the best capitalised bank in Greece, with total capital ratio at 19 percent. In a statement, the bank said that the merger would “substantially
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